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WASHINGTON: Federal Reserve chairman Jerome Powell (pic) has avoided the gaffe his United Kingdom counterpart made last month but he’s delivering much the same message: Wages are growing too fast for the good of the economy.
The market has turned negative on the stock, but PayPal is still a force in digital payments.
Russia slashed its dollar reserves to just 16% of the central bank’s stockpile in 2021, down from more than 40% just four years prior.
While Bank OZK is one of the many great banking success stories in Arkansas, its prominence on the national commercial real estate scene continues to amaze its cosmopolitan peers.
Lithium’s vital role in electric-vehicle batteries means automakers, miners and investors are racing to figure out how much supply the world will need in the coming years—and also how much it’s going to get. The problem is the predictions vary wildly. The metal’s price has surged fivefold in the past…